About the company

CIBC Short-Term Income Fund is an open-ended fixed income mutual fund launched by Canadian Imperial Bank of Commerce. The fund is managed by CIBC Asset Management Inc. It invests in the fixed income markets of Canada. The fund primarily invests in mortgages on Canadian residential and commercial properties that are National Housing Act (NHA) insured, mortgage-backed securities, and short-term debt securities of Canadian governments and corporations. It benchmarks the performance of its portfolio against the DEX Short-Term Bond Index and the DEX Universe Bond Index. The fund was previously known as CIBC Mortgage and Short-Term Income Fund. CIBC Short-Term Income Fund was formed on December 6, 1974 and is domiciled in Canada.